Vietnam’s first casino to allow locals to gamble opened doors this weekend in Phu Quoc, Corona Resort and Casino, the developer invested more than $2.1 billion into the luxury hotel and casino resort.
Aside from foreigners, Corona Resorts and Casino will also admit locals to its gaming floor. While casino gambling is legal in Vietnam, residents of the country have been banned from gambling at its existing facilities for years.
The Phu Quoc-based casino will allow locals to enter its premises and gamble during a three-year trial period. The three-year program aims to help Vietnamese lawmakers determine whether residents should be allowed to gamble at local casinos permanently.
The casino will only allow people aged 21 or over to gamble at its gaming floor and with a minimum monthly income is VND10 million (approx. $430) and have no history of criminal offenses. There is also an entry fee for residents of the country. A 24-hour pass costs VND1 million (approx. $43), while a monthly pass is worth VND25 million (approx. $1,000). Locals are not allowed to gamble more than 720 hours a month.
